Iconic electric car maker Tesla is unlikely to open its base at the proposed JNPT SEZ, Union Transport Minister Nitin Gadkari has indicated.
Speaking at an event here, he said: "My department is concentrating on alternate fuels particularly on electricity" and the work is also being carried out on ethanol, methanol, bio-diesel and CNG.
When asked if the Elon Musk-promoted, the US-based Tesla is coming to the proposed SEZ at JNPT which is the country's largest container port, Gadkari replied in the negative.
"No," he told
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
SBI 444-day FD vs PNB 400-day FD: Here's what general and senior citizens will get in maturity on Rs 3.5 lakh and 7 lakh investments in special FDs?
Looking for short term investment ideas? Analysts suggest buying these 2 stocks for potential gain; check targets
Power of Compounding: How long it will take to build Rs 5 crore corpus with Rs 5,000, Rs 10,000 and Rs 15,000 monthly investments?
SCSS vs FD: Which guaranteed return scheme will give you more quarterly income on Rs 20,00,000 investment?
12:00 PM IST